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Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Oct 20, 20263 weeks ago 2 min read

COLOMBO, October 20, 2026 — Vidullanka PLC and David Pieris Motor Company have inaugurated a 10 MW solar power plant in Ranna, expanding Sri Lanka’s…

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Oct 20, 20263 weeks ago 2 min read

COLOMBO, October 20, 2026 — Colombo stock market indices closed lower as price declines in Dialog Axiata, Hatton National Bank and Hemas Holdings weighed on…

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

Oct 20, 20263 weeks ago 4 min read

COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Oct 20, 20263 weeks ago 4 min read

BEIJING, October 20, 2026 — China’s economy expanded by 4.5% in the third quarter, slightly exceeding market expectations as strong exports helped offset weak domestic…

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Oct 19, 20263 weeks ago 3 min read

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434…

BIZ BREAKING

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

November 7, 2026

COLOMBO, November 7, 2026 — Sri Lanka’s official reserve assets rose to US$7.086 billion at the end of October 2026,…

NATION

Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

October 17, 2026

TOKYO / COLOMBO, 17 October 2026 — Japan has reaffirmed…

BIZ BREAKING

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

October 17, 2026

COLOMBO, October 17, 2026 — The International Monetary Fund (IMF)…

BUSINESS

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

October 17, 2026

COLOMBO, October 17, 2026 — Sri Lankan developers Prime Lands…

BIZ BREAKING

BUSINESS

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

NATION

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

World

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

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Latest news

Seat Belts Now Mandatory for All Expressway Passengers

CSE Ends Higher as Dialog Axiata, Melstacorp and Hayleys Gain

IMF Commends Sri Lanka’s Fiscal Progress as Seventh Review Continues

Visa Highlights Digital Growth Opportunities for Sri Lankan SMEs at National SME Forum

Vidullanka–David Pieris Solar Plant Adds 10 MW to Sri Lanka’s National Grid

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

Sri Lanka and Japan Advance Industrial Corridor Plan During Industry Minister’s Tokyo Visit

IMF Signals Continued Support for Sri Lanka Beyond March 2027 Programme Expiry

Prime Lands and Melwa Join Hands for Mixed-Use Development in Port City Colombo

BIZ BREAKING

Sri Lanka’s Official Reserves Top US$7 Billion in October, Rising 3.2%

Port City Colombo FinTech Dialogue Calls for Two-Year Growth Roadmap

Plantation Sector Calls for Longer Leases and Investment Reforms as Costs Rise and Output Falls

BUSINESS

John Keells Forum Explores Property and Equity Investment Strategies for Long-Term Wealth

Export Manufacturers Can Access TIEP Tax Concessions Through Industry Ministry: Handunnetti

Hemas H1 Revenue Rises 9.5% to Rs. 66.6 Billion as Strong Q2 Restores EBITDA Growth

ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

MARKETS

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

NATION

Port City Colombo Holds First India Investor Forum to Strengthen Bilateral Economic Ties

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

World

Nasdaq 100 Loses US$2.5 Trillion as Democrat Election Gains Deepen AI Investment Fears

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid